CARE Revises Lakshmi Vilas Bank Ratings, Stock Slumps
Rating agency CARE has revised the rating on Lakshmi Vilas Bank's unsecured redeemable non-convertible subordinated Lower Tier II bonds to BB- (Under Credit Watch with Developing Implications, from BB-/Negative. The stock of Lakshmi Vilas Bank has slumped another 10 per cent ...